Legislative Overkill

An opt out right is a consumer-protection measure allowing customers to exclude themselves from information sharing practices among financial firms.

A federal measure called the Durbin Amendment introduced limits on transaction fees collected when debit card purchases are made.

A filing with the Securities and Exchange Commission (SEC) that must be submitted by a company intending to file a notification of election to be subject to sections 55 through 65 of the Act within ninety days of the date of this filing. The company would be excluded from the definition of an investment company by section 3(c)(1) of the Act, except that it presently proposes to make a public offering of its securities as a business development company.

A tri-party agreement is a business deal between three separate parties, commonly during the construction phase of a new home.

Payment card industry (PCI) compliance represents the operational and technical standards businesses must follow to protect credit cardholder data.

SEC Form S-8 is a registration form for securities offered as part of employee benefit plans.